The Credit Union Mega-Me Merger: What Happened?

            Some sort of "imminent threat"?              

"On April 16, 2025, I attended the SAFE Credit Union Annual General
Membership meeting. There was no mention on the agenda of any ongoing
merger discussions."

"On November 18, 2025, SAFE Credit Union announced a “merger” with Boeing Employees Credit Union (BECU). BECU has no ties to Sacramento and no business relationships with the Sacramento community."

"I was stunned to hear of this agreement, which was described by SAFE CEO Faye Nabhani as “definitive”."

✅ Scott Rose, a member of SAFE Credit Union since 2002.

  "Upon closing, the Credit Union’s charter will be canceled." Crowe LLC (CPAs) - Bombs away! 

Has Democracy Become Irrelevant In America?

"Give me your tired, your poor, ..."

 

America's Credit Unions leading the way with mega-me mergers, flaunting the suppression of member rights? Our "new/new" American credit union movement - now fit for a King?

  Merger King! Home of the Whopper!       

Featuring today's special: The SAFE/BECU mega-me-me...  

"This "burger" is a powerful alignment of purpose and potential that leverages our strengths and recognizes our shared values," said Faye Nabhani, President and Chief Executive Officer of SAFE Credit Union. 

"Where's the beef?" asked 245,000  SAFE members in California, who were being forced to pay $400 million in royalties.

😎 Would you like that "Merger Whopper" with cheese sucker, sir?

  Betraying both our legacy of fairness and our reputation for integrity.